Sarasota, FL Cost Of Living

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Updated: 2020-03-08
Sarasota's Overall Cost Of Living
Higher Than The National Average
The cost of living index is set to 100 for the average place in America. An index above 100 means Sarasota is expensive, while a number below 100 means it's a relatively cheap place to live.

What is the cost of living in Sarasota, FL?

According to the most recent data on the cost of living, Sarasota has an overall cost of living index of 108 which is 1.1x higher than the national index of 100.

Compared to only Florida, Sarasota has a cost of living index that's 1.1x higher than Florida's index of 99.

The standard of living in Sarasota ranks as #3965 most affordable out of the 6522 places we measured in Florida. By definition, that implies Sarasota ranks as the #2441 most expensive place in the Sunshine State.

For more reading on life in Sarasota, check out:

Sarasota Cost Of Living Vs. Florida

Living Expense Sarasota Florida National Average
Overall 108 99 100
Services 114 99 100
Groceries 120 105 100
Health 117 100 100
Housing 102 96 100
Transportation 92 98 100
Utilities 106 102 100
For more reading on cost of living around Florida, check out:
Sarasota Cost of Living Vs. FL

Sarasota, FL Housing Cost Breakdown

Housing swings affordability the most between places in Florida, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.

Home and income come data comes from the most recent US Census ACS 2014-2018.

Median Home Value
Median Rent
Median Income
Statistic Sarasota Florida United States
Median Home Value $239,600 $196,800 $204,900
Median Rent $1,069 $1,128 $1,023
Median Income $47,884 $53,267 $60,293
Home Value To Income 5.0x 3.7x 3.4x
Rent To Monthly Income 0.27x 0.25x 0.2x

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Cost Of Living In Cities Around Sarasota

City Population Cost Of Living Vs. Sarasota
Bradenton, FL 55,059 102 0.9x
South Bradenton, FL 25,646 92 0.9x
Venice, FL 22,601 112 1.0x
Bayshore Gardens, FL 20,293 94 0.9x
Sarasota Springs, FL 15,781 106 1.0x
Fruitville, FL 13,780 113 1.0x
Palmetto, FL 13,490 99 0.9x
Gulf Gate Estates, FL 11,017 106 1.0x
North Sarasota, FL 8,997 96 0.9x
Southgate, FL 7,338 110 1.0x

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